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BUSINESS1d agoChina finance minister to deliver opening speech at Apec meeting in Hong KongChina’s finance minister, Lan Foan, will deliver a keynote speech, while presentations by three prominent financial institutions will be among the highlights of next week’s Apec meeting in Hong Kong, the South China Morning Post has learned. A draft agenda obtained by the SCMP on Monday listed a series of programmes for finance ministers from the Asia-Pacific Economic Cooperation’s 21 member economies on October 20 and 21 at the Hong Kong Convention and Exhibition Centre in Wan Chai. Sources...South China Morning Post
SCI & TECH1d agoFrom laser shields to iPhone detectors: inside China’s booming secrecy industryA group of Chinese officials are in the middle of a highly sensitive meeting involving critical decisions yet to be made behind closed doors, with documents stamped “classified” spread across the table. Suddenly, an invisible laser beams into the room, sweeping across a glass window and allowing the contents of the meeting to be transmitted elsewhere. China’s Ministry of State Security laid out this seemingly futuristic scenario six months ago, warning government departments and other entities...South China Morning Post
BUSINESS1d agoParis Motor Show kicks off as China-EU rivalry heats upThe biennial Paris Motor Show kicks off with a record number of Chinese brands descending on the French capital. European carmakers are fighting back, showcasing their latest models, as the EU announced a deal with China to limit the imports of hybrids. France 24's Charles Pellegrin has been speaking with CEOs of both Chinese and European carmakers.France 24 [en]
POLITICS1d agoWolf Warriors in Sheep’s Clothing: China’s New Subnational Diplomacy in AustraliaBeijing’s diplomatic officials are adopting the language of the Albanese government to press their demands upon local governments and communities.The Diplomat
BUSINESS1d agoLuxury letdown: LVMH misses organic sales expectations due to China weaknessLVMH has fallen short of its organic sales expectations, primarily attributed to weakness in the China market. This indicates challenges for the luxury goods sector and broader economic conditions in China.Seeking Alpha Tech
BUSINESS1d agoEU-China trade deal raises fears Brussels will go soft on BeijingThe EU's new trade deal with China has eased fears of an escalating trade war, but it could also weaken the political momentum behind Brussels' plans to take a tougher stance against Beijing's economic practices.EuroNews [en]
POLITICS1d agoTerrible idea: The hidden danger behind China’s student exchange pushIt should go without saying that drastically increasing the number of American students participating in Chinese exchange programs poses a threat to our national security and military industrial base.The Hill
BUSINESS1d agoWhat the US and China Should Discuss at APECBoth sides are feeding an AI investment bubble – and Shenzhen is the place to talk about it.The Diplomat
MILITARY1d agoAirport training site in Laos extends China’s clout in Southeast AsiaChina’s design to use a Laotian airport for joint military training has put much of Southeast Asia on guard about how far the PLA will extend its reach.Defense News
MILITARY1d agoAirport training site in Laos extends China’s clout in Southeast AsiaChina’s design to use a Laotian airport for joint military training has put much of Southeast Asia on guard about how far the PLA will extend its reach.Military Times
POLITICS1d agoWhy China is likely to be cautious about recent Trump-Putin diesel dealChina is likely to view the latest US dealings with Russia as “transactional”, according to observers, who said Beijing was likely to wait and see what the longer-term impact would be given the possibility that Donald Trump might abruptly change course again. The US president announced that under a deal with Vladimir Putin, Russia would “immediately” supply more than 300,000 tonnes of diesel to the US and global markets. He wrote on social media that another 500,000 tonnes would follow in...South China Morning Post
BUSINESS1d agoCopper climbs on China stimulus hopes, Chile mine supply risksCopper prices are rising due to anticipated stimulus measures from China and potential supply risks from mines in Chile. This indicates market sensitivity to global economic factors and supply chain stability.Seeking Alpha Tech
BUSINESS1d agoThe China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.thediplomat · japan
BUSINESS1d agoThe China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.The Diplomat
POLITICS1d agoChina’s top diplomat to visit Azerbaijan, Croatia, Montenegro and Bulgaria to boost tiesChinese Foreign Minister Wang Yi will visit Azerbaijan and three Balkan countries amid Beijing’s push to shore up its trade corridors and geopolitical influence in the regions. Wang will attend the seventh summit of the Conference on Interaction and Confidence-Building Measures in Asia (CICA) in Baku, Azerbaijan, on Thursday “as special representative of President Xi Jinping”, according to China’s foreign ministry. Aside from Azerbaijan, Beijing’s top diplomat will visit Croatia, Montenegro and...South China Morning Post
BUSINESS1d agoChina, EU take a breath after surprise deal brings temporary halt to trade tussleWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war – a cooldown augmented by Beijing’s subsequent reduction of value-added tax (VAT) export rebates on...South China Morning Post
POLITICS1d agoWhere every tree hides an "enemy": how I witnessed the growth of paranoia in ChinaThis article describes the witnessing of increasing paranoia in China, where a sense of hidden enemies is prevalent. It matters as it reflects on sociopolitical conditions in the country.Clarín
BUSINESS1d agoHow China and the EU pressed pause on trade war – and what it took to get thereWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war. Beijing agreed not to retaliate against Brussels’ move to curb imports of Chinese hybrid cars,...South China Morning Post
BUSINESS1d agoThe U.S. and China created a new 'Trade Board' built on buzz wordsThe governing document for the coalition to haggle over tariffs spans just two pages and lists no authors.latimes · united states of america
BUSINESS1d agoMapping US chip supply chain: China accounts for far more than it appears, report saysChina accounts for about 5 per cent of the equipment and materials directly supplied to the US chip industry when measured by country of manufacture, but its grip on certain rare earths needed for chipmaking is over 90 per cent, according to the Semiconductor Industry Association (SIA). While 95 per cent of the nearly US$27 billion annual spending by American chipmakers on manufacturing equipment and materials was sourced from companies headquartered in the US, Europe, and Japan, that figure...South China Morning Post
BUSINESS1d agoVolkswagen sees sharpest delivery decline in four years; China volumes tumble almost 39%Volkswagen has experienced its sharpest decline in deliveries in four years, with volumes in China falling significantly. This indicates a notable downturn in performance for the major automotive company.Seeking Alpha Tech
BUSINESS1d agoChina-EU car deal eases trade tensions for now at leastChina agreed to cut millions of hybrid car exports to the European Union over the next four years, easing simmering trade tensions ahead of a key meeting of European leaders later this week. The deal will slow exports to half or less the pace currently predicted by the EU, the bloc’s trade chief, Maros Sefcovic, told a press conference in Beijing on Friday after two days of negotiations. Next year alone, it will pare shipments by up to 700,000 vehicles and trim as much as €14 billion (US$16...South China Morning Post
SCI & TECH1d agoChina bets on molten salt and CO2 to help meet its power needsChina has begun building the world’s first utility-scale power plant combining two emerging technologies: supercritical carbon dioxide (CO2) generation and large-scale molten salt energy storage. The Ruitan project, under construction at a coal-fired power station in Yantai in eastern China’s Shandong province, is intended to demonstrate how combining these technologies can reduce energy wastage and improve the stability of the electrical grid. Electricity produced when demand is low is stored...South China Morning Post
SCI & TECH1d agoChina’s CXMT makes ‘key progress’ on new chip structure: SCMPChina's CXMT has reportedly made significant progress on a new chip structure. This development indicates an advancement in semiconductor technology, as reported by SCMP.Seeking Alpha Tech
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